Introduction
It is true that there is a significant disparity between the American in terms of classes in the United States today. The gap between the upper class and the lower class has been increasing, whereas the middle starts to fade away. Dating back to early 1990s, almost half of the national income growth of the nation was owned only the top 1 percent of the richest families. The escalating gap between the two groups is attributed to the ever increasing income to the wealthiest 1 percent and stagnant income for the middle American households. Therefore, the middle and the ...